Profile: Indian Hotels Company Ltd (IHTL.NS)
IHTL.NS on National Stock Exchange of India
Price Change (% chg)
The Indian Hotels Company Limited (IHCL), together with its subsidiaries and its jointly controlled entities is primarily engaged in the business of hoteliering. IHCL operates in two segments: hoteliering and others, which consists of air catering and investing activities. As of March 31, 2012, the inventory of the Taj Group of Hotels stood at 112 hotels with 13,629 rooms. During the fiscal year ended March 31, 2012 (fiscal 2012), it launched five Vivanta by Taj hotels at Srinagar, Yeshwantpur -Bengaluru, Coimbatore, Begumpet - Hyderabad and Bekal - Kerala, launched one The Gateway Hotel - Gir Forest. Benares Hotels Ltd., Taj Enterprises Ltd. and Taj Rhein Shoes Co. Ltd. During fiscal 2012, it acquired an additional 5.36% interest in Piem Hotels Limited consolidating its total holdings to 51.57 %. In December 2012, its Vivanta by Taj Hotels and Resorts, owned and managed by Taj group of hotels, has expanded its network by adding a new property in Karnataka’s hill station, Madikeri.
Indian Hotels Company Ltd
15/17 N.F. Road, Apollo Bunder